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Floating Exchange Rate and Self-Correctiong Changes

This 2 page report discusses the floating exchange rate system and how it generates self-correcting changes and eliminates balance-of-payments deficits and surpluses. What happens when a country adopts a fixed exchange rate and the 'defends' its currency when investment funds dry up is also briefly discussed. The example of Thailand is used to explain the concept. Bibliography lists 2 sources.


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Paper Information

  • Title: "Floating Exchange Rate and Self-Correctiong Changes"
  • Filename: BWfloat.rtf
  • Pages: 2
  • Cost Per Page: $1.95
  • Subtotal: $3.90

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